The POPCAT manipulation caused the Hyperliquid HLP to absorb $5M in losses. Hyperliquid's token price currently trades below key EMAs amid bearish momentum. HYPE's retail demand has dropped, and futures Open Interest has fallen to $1.56B. Hyperliquid price has come under intense pressure following a sophisticated POPCAT attack that left the decentralised derivatives platform reeling [...]The post Hyperliquid loses $5M in POPCAT attack, HYPE price comes under pressure appeared first on CoinJournal.